First Citizens Bancshares
Cash Flow
Last updated:
Cash flow statement presents a set of outflows and inflows of cash within a company through operating, investing and financing activities. Over the last year, operating activities of First Citizens Bancshares generated cash of $17,520,000, which is less than the previous year. Cash used in financing activities reached the amount of -$48,564,000 last year. Net change in cash is therefore $3,725,000.
Cash Flow
| 2014 | 19.83M | -62.94M | 51.04M |
|---|---|---|---|
| 2015 | 233.05M | -1.24B | 944.85M |
| 2016 | 232.44M | -1.10B | 873.61M |
| 2017 | 351.65M | -668.67M | 113.42M |
| 2018 | 765.8M | -210.89M | -563.61M |
| 2019 | 22.24M | -106.27M | 84.88M |
| 2020 | 30.67M | -195.07M | 171.41M |
| 2021 | 27.80M | -217.21M | 202.19M |
| 2022 | 36.94M | -254.41M | 222.38M |
| 2023 | 17.52M | 32.22M | -48.56M |
FIZN Cash Flow Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Cash at beginning of period | 56.24M | 51.32M | 38.54M | 31.52M | 30.66M | 336.15M | 539.74M | 534.08M | 604.18M | 25.24M |
Operating activities | ||||||||||
Net income | 18.61M | 27.06M | 26.83M | 21.87M | 18.65M | 400.31M | 323.75M | 225.48M | 210.38M | 13.54M |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||||||||
Depreciation and amortization | 2.35M | 2.53M | 2.68M | 2.68M | 2.67M | 120.42M | 113.64M | 110.58M | 110.61M | 2.15M |
Stock-based compensation expense | 1.6M | 1.1M | 900K | 1.1M | 628K | 1.4M | 1.3M | 1.3M | 1.3M | 989K |
| Deferred income tax benefit | 1.6M | 1.1M | 900K | 1.1M | 628K | 1.4M | 1.3M | 1.3M | 1.3M | 989K |
| Changes in operating assets and liabilities: | ||||||||||
Accounts receivable, net | -1.76M | -1.66M | 372K | -216K | 137K | -577K | -161K | -268K | -698K | -243K |
Inventories | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4.80M |
Accounts payable | 0 | 0 | 0 | 0 | 0 | -240K | 155K | -1.91M | -2.48M | -163K |
Cash generated by operating activities | 17.52M | 36.94M | 27.80M | 30.67M | 22.24M | 765.8M | 351.65M | 232.44M | 233.05M | 19.83M |
Investing activities | ||||||||||
Purchases Of Investments | 0 | -119.91M | -337.69M | -313.73M | -166.93M | -1.55B | -3.64B | -4.08B | -2.80B | -118.53M |
Investments In Property Plant And Equipment | -1.17M | -8.60M | -1.41M | -1.55M | -1.07M | -140.44M | -84.79M | -81.84M | -89.73M | -3.65M |
Acquisitions Net | -25.23M | 613K | 2.66M | 2K | 1.04M | -155.12M | 304.82M | -727K | 100.89M | -5.59M |
Cash generated by investing activities | 32.22M | -254.41M | -217.21M | -195.07M | -106.27M | -210.89M | -668.67M | -1.10B | -1.24B | -62.94M |
Financing activities | ||||||||||
Common Stock Issued | 0 | -72.06M | 22.03M | 8.72M | -4.78M | 0 | 0 | 0 | 0 | 0 |
Payments for dividends | -5.86M | -7.44M | -7.45M | -7.07M | -6.71M | -16.77M | -10.80M | -14.41M | -18.01M | -4.89M |
Repurchases of common stock | -780K | -493K | -334K | -748K | -1.55M | -163.09M | -86K | -272K | -167K | -52K |
Repayments of term debt | 9.79M | 21.94M | -19.73M | -7.97M | -4.18M | -998.96M | 123.36M | -44.28M | -53.84M | -4.97M |
Cash used in financing activities | -48.56M | 222.38M | 202.19M | 171.41M | 84.88M | -563.61M | 113.42M | 873.61M | 944.85M | 51.04M |
Net Change In Cash | 3.72M | 4.91M | 12.78M | 7.01M | 857K | -8.71M | -203.59M | 5.65M | -70.09M | 7.93M |
Cash at end of period | 59.96M | 56.24M | 51.32M | 38.54M | 31.52M | 327.44M | 336.15M | 539.74M | 534.08M | 33.18M |